Greek state to auction 1.5 bln eur of 5-year bonds - Sep 18
Published September 14th, 2007
The Greek state plans to auction 1.5 bln eur of 5-year bonds on Tuesday, Sept 8, Greece’s Public Debt Management Agency (PDMA) said.
The 5-year bond has a fixed annual coupon of 4.1 pct and expires Aug 20, 2012.
The first coupon payment will be paid on Aug 20, 2008
Settlement date will be Friday, Sept 21, and retail investors can also participate in the auction and subscribe for amounts up to 15,000 eur.
The PDMA said it has the right to accept an extra 20 pct of the auctioned amount in non-competitive bids by Thursday, Sept 20.
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